Excellent investment opportunity: A 1,130 m² urban plot of land, intended for the construction of a three-storey residential and commercial building comprising five units.

Located in a peaceful, strategic, and constantly growing area, this urban plot situated in Cálvario, in the municipality of Lagoa, more precisely between Estombar and Mexilhoeira da Carregação. Carvoeiro beach is just a 5-10 minute drive away.

This property represents a distinctive opportunity for investors, developers, or anyone looking to create a project in one of the Algarve’s fastest-growing locations.

The plot previously benefited from an approved project designed for a mixed-use residential and commercial development, comprising:

• 1 commercial unit
• 2 two-bedroom apartments (T2)
• 3 three-bedroom apartments (T3)
• Communal swimming pool
• Landscaped gardens
• Private garages

The surrounding area stands out for its balance between tranquillity, accessibility, and strong appreciation potential, benefiting from a privileged location close to supermarkets, golf courses, essential services, and the region’s main road connections.

The municipality of Lagoa, has increasingly established itself as a sought-after destination for both permanent living and investment, offering quality of life, privacy, and excellent access to the Algarve’s key locations.

This plot presents a particularly attractive opportunity for anyone seeking to develop a project with strong return potential in a peaceful, established, and increasingly desirable area.

For further information or to arrange a site visit, please get in touch.